GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Parpro Corp (TPE:4916) » Definitions » Cyclically Adjusted PB Ratio

Parpro (TPE:4916) Cyclically Adjusted PB Ratio : 2.20 (As of Jun. 02, 2025)


View and export this data going back to 2013. Start your Free Trial

What is Parpro Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Parpro's current share price is NT$44.80. Parpro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$20.41. Parpro's Cyclically Adjusted PB Ratio for today is 2.20.

The historical rank and industry rank for Parpro's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:4916' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.56   Max: 2.62
Current: 2.1

During the past years, Parpro's highest Cyclically Adjusted PB Ratio was 2.62. The lowest was 1.09. And the median was 1.56.

TPE:4916's Cyclically Adjusted PB Ratio is ranked worse than
57.69% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs TPE:4916: 2.10

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Parpro's adjusted book value per share data for the three months ended in Mar. 2025 was NT$25.751. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$20.41 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Parpro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Parpro's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Parpro Cyclically Adjusted PB Ratio Chart

Parpro Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.83 1.42 1.82 1.62

Parpro Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.59 1.52 1.43 1.62 1.94

Competitive Comparison of Parpro's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Parpro's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Parpro's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Parpro's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Parpro's Cyclically Adjusted PB Ratio falls into.


;
;

Parpro Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Parpro's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.80/20.41
=2.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Parpro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Parpro's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=25.751/134.9266*134.9266
=25.751

Current CPI (Mar. 2025) = 134.9266.

Parpro Quarterly Data

Book Value per Share CPI Adj_Book
201506 14.006 100.684 18.769
201509 14.534 100.392 19.534
201512 14.174 99.792 19.164
201603 14.190 100.470 19.056
201606 14.108 101.688 18.719
201609 14.877 101.861 19.706
201612 15.630 101.863 20.703
201703 15.077 102.862 19.777
201706 14.306 103.349 18.677
201709 15.641 104.136 20.266
201712 15.400 104.011 19.977
201803 15.800 105.290 20.247
201806 16.503 106.317 20.944
201809 17.328 106.507 21.952
201812 17.941 105.998 22.837
201903 18.645 107.251 23.456
201906 17.131 108.070 21.388
201909 19.828 108.329 24.696
201912 19.687 108.420 24.500
202003 20.257 108.902 25.098
202006 16.554 108.767 20.535
202009 15.950 109.815 19.597
202012 14.702 109.897 18.050
202103 15.092 111.754 18.221
202106 15.179 114.631 17.866
202109 14.894 115.734 17.364
202112 14.752 117.630 16.921
202203 16.032 121.301 17.833
202206 16.441 125.017 17.744
202209 17.782 125.227 19.159
202212 17.928 125.222 19.317
202303 18.611 127.348 19.719
202306 19.917 128.729 20.876
202309 21.663 129.860 22.508
202312 20.361 129.419 21.227
202403 21.222 131.776 21.729
202406 20.164 132.554 20.525
202409 19.950 133.029 20.235
202412 21.348 133.157 21.632
202503 25.751 134.927 25.751

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Parpro  (TPE:4916) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Parpro Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Parpro's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Parpro Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jianxing Road, 4th Floor, No. 169, Zhongli District, Taoyuan, TWN
Parpro Corp is engaged in the processing of motherboards for security control and communications as well as the manufacturing and sales of industrial computers and gaming machines. Along with its subsidiaries, it also sells aerospace and national defense products. The company's reportable segments are; the gaming and industrial computers segment which derives key revenue, and the aerospace and national defense segment.

Parpro Headlines

No Headlines